The Trading Corporation of Pakistan has floated a tender to buy 100,000 metric tons of rice for onward supply to Bangladesh, European traders said on Monday.
The state-run agency has invited price offers by November 28, with bids required to remain valid for 21 working days. The tender specifies long-grain white rice, which must be ready for shipment within 45 calendar days of the contract award.
Bangladesh also issued another rice import tender on Monday, extending a recent series of purchases aimed at easing domestic prices. Traders said the TCP tender could bring Pakistani rice into Dhaka’s procurement mix, although some market expectations point to Indian-origin rice being used to fulfil earlier Bangladeshi purchases.
